Positions | Today | Yesterday | % Change | |
Longs | 67% | 55% | 17.91% | |
Shorts | 33% | 45% | -36.36% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Buy | |
Alligator (13; 8; 5) | Buy | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇘ | ⇗ |
Another data release has caused the USD/CAD to jump. Namely, the release of the Canadian CPI and Retail Sales caused a jump of almost 50 base points.
The data release was covered by the Dukascopy Research team on the bank's life webinar, and traders attending managed to take profit from the event.
Regarding the future, the main attention is to be focused on the freshly discovered ascending medium term pattern. However, the rate still needs to decline after the recent sudden gains.
The reason for that will be the following taking of profits and taking in of the new fundamental information.